Invesco S&P 500 ESG UCITS ETF Acc GBP

Description

Invesco S&P 500 ESG UCITS ETF Acc GBP is a equity ETF from Invesco tracking the S&P 500 ESG index through physical replication. Domiciled in Ireland and launched in 2020, the fund manages about 3 bn € and charges a TER of 0.09% — 9 € per year on a €10,000 investment. Income is automatically reinvested in the fund (accumulating).

The fund in context

Invesco S&P 500 ESG UCITS ETF Acc GBP competes with 11 other products on the same index (S&P 500 ESG): it ranks 2nd by fund size and 3rd by ongoing cost, with a TER of 0.09% against a group median of 0.10%. It has been listed since 2020, 6 years of track record.

On a €10,000 investment the TER costs 9 € a year. The cheapest of the group is iShares S&P 500 ESG UCITS ETF USD (Acc) EUR at 0.07%, or 7 € on the same amount: a difference of 2 € every year, roughly 20 € over ten years before compounding.

Replication is physical: the fund holds the underlying securities directly. The ten largest positions account for 36.4% of the portfolio.

Income is accumulated: no distribution is paid out, the share price absorbs it. In a savings plan this removes the need to reinvest dividends by hand. The fund is denominated in GBP. That is not the same as currency risk: the exposure comes from the currencies of the underlying holdings, not from the denomination or the trading currency of a given listing.

Irish domicile lets the fund apply the Ireland–US tax treaty, with 15% withholding instead of 30% on US dividends received by the fund.

Top 10 holdings

Stock exchange listings

Compare with similar ETFs

• F500 — Amundi S&P 500 ESG UCITS ETF Acc EUR EUR 0.12%
• 4UBQ — UBS S&P 500 ESG UCITS ETF USD A Acc 0.10%
• S5SG — UBS S&P 500 ESG UCITS ETF Hedged to EUR A Acc EUR 0.10%
• 5ESE — Invesco S&P 500 ESG UCITS ETF EUR Hdg Acc 0.09%

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